Kingspan Announces Global Initiative To Reduce Impact Of Its Operations On The Environment

Kingscourt, Ireland - Global building industry leader Kingspan has announced the launch of a major 10-year strategy to play its part in reducing the world’s carbon emissions by 45% by 2030, as determined in the Paris Agreement, and contribute towards the achievement of the UN Sustainable Development Goals.

The company’s new Planet Passionate strategy is made up of 12 ambitious targets, addressing the impact of Kingspan’s business operations and manufacturing on the four key areas of energy, carbon, circularity and water, with commitments by 2030 to include:

• Energy: powering 60% of all Kingspan operations directly from renewable energy with a minimum of 20% of this energy generated on manufacturing sites (up from 5.9% today)

• Carbon: achieving net zero carbon manufacturing and a 50% reduction in product C02 intensity from primary supply partners

• Circularity: upcycling of 1 billion PET bottles per annum into insulation products plus zero company waste to landfill across all sites

• Water: harvesting 100 million liters of Kingspan’s water usage from rainwater

In recognition of its continued sustainability commitments, Kingspan also announced its  membership to the Ellen MacArthur Foundation’s Circular Economy 100 (CE100), the world’s leading circular economy network.

The construction industry is one of the biggest contributors to carbon and greenhouse gas emissions, with construction and buildings combined currently accounting for 39% of all carbon emissions globally.^[i] The World Green Building Council estimates that embodied carbon – carbon used in the manufacturing, construction and disposal of building materials – will be responsible for half of the entire carbon footprint of new construction between now and 2050. The construction industry is also responsible for an estimated 30% of all waste to landfill globally.

Kingspan’s Planet Passionate targets are designed to contribute to the world’s renewable energy mix, reduce carbon emissions, divert waste from landfill, conserve water, provide upcycling solutions for plastic waste and help clean the world’s oceans and protect biodiversity.

Gene Murtagh, CEO of Kingspan, said climate change is the single most important issue facing the world today and its most urgent priority. "At Kingspan, we are committed to driving a more sustainable approach to our business in response to these issues. Energy conservation has always been at the core of our products, and how we run our business. Through Planet Passionate we will reduce carbon and energy in both our manufacturing processes and products, and continue our relentless pursuit of low-carbon buildings that deliver more performance and value, with clear targets to strive for by 2030.”

Combined with the research activities at IKON – Kingspan’s new global innovation center, the Planet Passionate program will ensure its products enable a pathway to net zero carbon buildings that contribute to a safer, healthier and more circular world.

Bianca Wong, Global Head of Sustainability at Kingspan, commented: “To protect our planet, carbon emissions need to fall by 45% by 2030, and to net zero by 2050 – but we’re currently on course to miss this goal by at least five-fold," noted Bianca Wong, Kingspan's Global Head of Sustainability. "At Kingspan we recognize the need for all businesses to take urgent action. We also know that more sustainable building products, combined with high-performance building envelope design, have the potential to save enormous amounts of energy and carbon. By working in partnership with the industry and striving to be Planet Passionate in everything we do, we are confident we can achieve the goals we have set our business and enable ourselves and our customers to contribute to the global fight against climate change.”

Regarding Kingspan's membership into the CE100, Joe Murphy, Lead for the Ellen MacArthur Foundation, commented: “We are delighted to welcome Kingspan Group to the CE100 - the world’s leading circular economy network. The CE100 brings together leaders and innovators from around the world to unlock new opportunities for growth. It is collaboration among our diverse and dynamic community that enables members to move faster and with greater success. Kingspan bring unique expertise and specific capabilities to the network's strong built environment sector.”

Planet Passionate will not only impact the environmental footprint of Kingspan’s business, but also aims to enhance the environmental performance of its products by reducing embodied carbon and enhancing circularity, making the buildings where they are used more sustainable too.

In 2011, Kingspan announced a Net Zero Energy program with a 2020 target to match 100% of its operational energy use with renewable energy. The company is on track to achieve this goal. As part of this program, Kingspan also joined the Science Based Targets initiative, setting a target of 10% reduction in Scope 1, 2 and 3 greenhouse gas emissions. This was a significant first step on Kingspan’s journey towards reducing its carbon footprint, and Planet Passionate is the next horizon.

Kingspan upcycled 256 million PET bottles into its insulation in 2018 and earlier this year committed to a target of upcycling one billion PET plastic bottles per annum by 2025. In addition, Kingspan agreed a three-year partnership with the EcoAlf Foundation to support and expand their project which removes 150 tonnes of plastic waste from the Mediterranean each year, about 10% of which is PET. Ocean PET recovered from the EcoAlf project is added to the upcycled PET bottles and used to make Kingspan’s insulation. Kingspan now plans to support four further ocean clean-up projects by 2025 through Planet Passionate.

About Kingspan

Kingspan Group is a global leader in solutions for high performance, low carbon buildings. The company’s products and systems ensure higher lifetime energy and carbon savings while its collective businesses deliver a complete sustainable building envelope - the materials and systems that separate the inside and outside of a building - that generates better building performance and higher value for customers.

Kingspan is rapidly increasing its worldwide footprint. The company’s home is in Kingscourt, Ireland where its headquarters remain – but it also has 129 manufacturing sites in over 60 countries employing more than 14,000 staff. For more information, visit www.kingspan.com

About the Ellen MacArthur Foundation and CE100

The Ellen MacArthur Foundation was launched in 2010 with the aim of accelerating the transition to the circular economy. Since its creation, the charity has emerged as a global thought leader, putting the circular economy on the agenda of decision makers around the world.

The Ellen MacArthur Foundation’s CE100 network is the world’s leading circular economy network, providing a pre-competitive space to learn, share, and put ideas into practice.